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President and chief government cites “one other excellent quarter”
Insurance brokerage Brown & Brown, Inc. has introduced its monetary outcomes for the third quarter of 2023 – a interval described by president and chief government J. Powell Brown as excellent.
Here’s how Brown & Brown carried out within the three months and 9 months ended September 30:
|
Metric
|
Q3 2023
|
Q3 2022
|
9M 2023
|
9M 2022
|
|---|---|---|---|---|
|
Total revenues
|
$1.1 billion
|
$927.6 million
|
$3.2 billion
|
$2.7 billion
|
|
Income earlier than earnings taxes
|
$242.3 million
|
$218 million
|
$791 million
|
$681.8 million
|
|
Net earnings
|
$175.9 million
|
$161.1 million
|
$601.8 million
|
$526.6 million
|
Commenting on the numbers, the CEO mentioned: “We had another outstanding quarter and are winning a substantial amount of net new business that drove organic revenue growth of 9.6% for the quarter and over 11% year to date.”
Earlier this month, the corporate introduced that its board of administrators declared a common quarterly money dividend of $0.13 per share, payable on November 15.
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